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Harshil Agrotech (BOM:505336) Cyclically Adjusted PB Ratio : (As of May. 31, 2025)


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What is Harshil Agrotech Cyclically Adjusted PB Ratio?

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Harshil Agrotech Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Harshil Agrotech's Cyclically Adjusted PB Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Harshil Agrotech Cyclically Adjusted PB Ratio Chart

Harshil Agrotech Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Cyclically Adjusted PB Ratio
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Harshil Agrotech Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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Competitive Comparison of Harshil Agrotech's Cyclically Adjusted PB Ratio

For the Food Distribution subindustry, Harshil Agrotech's Cyclically Adjusted PB Ratio, along with its competitors' market caps and Cyclically Adjusted PB Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Harshil Agrotech's Cyclically Adjusted PB Ratio Distribution in the Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, Harshil Agrotech's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Harshil Agrotech's Cyclically Adjusted PB Ratio falls into.


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Harshil Agrotech Cyclically Adjusted PB Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PB Ratio takes the Book Value per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/B calculation. Because it considers this 10-year average, it's often referred to as the CAPB Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio.

Harshil Agrotech's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2024 is calculated as:

For example, Harshil Agrotech's adjusted Book Value per Share data for the three months ended in Dec. 2024 was:

Adj_Book=Book Value per Share/CPI of Dec. 2024 (Change)*Current CPI (Dec. 2024)
=0/158.3229*158.3229
=0.000

Current CPI (Dec. 2024) = 158.3229.

Harshil Agrotech Quarterly Data

Book Value per Share CPI Adj_Book
201503 -0.442 97.163 -0.720
201506 0.000 99.841 0.000
201509 -0.334 101.753 -0.520
201512 0.000 102.901 0.000
201603 -0.645 102.518 -0.996
201606 0.000 105.961 0.000
201609 -0.645 105.961 -0.964
201612 0.000 105.196 0.000
201703 -0.599 105.196 -0.902
201706 0.000 107.109 0.000
201709 -0.599 109.021 -0.870
201712 0.000 109.404 0.000
201803 -0.972 109.786 -1.402
201806 0.000 111.317 0.000
201809 -0.865 115.142 -1.189
201812 0.000 115.142 0.000
201903 -1.234 118.202 -1.653
201906 0.000 120.880 0.000
201909 -1.126 123.175 -1.447
201912 0.000 126.235 0.000
202003 -1.613 124.705 -2.048
202006 0.000 127.000 0.000
202009 -1.686 130.118 -2.051
202012 0.000 130.889 0.000
202103 0.201 131.771 0.242
202106 0.000 134.084 0.000
202109 0.180 135.847 0.210
202112 0.000 138.161 0.000
202203 -0.029 138.822 -0.033
202206 0.000 142.347 0.000
202209 0.323 144.661 0.354
202212 0.000 145.763 0.000
202303 0.557 146.865 0.600
202306 0.000 150.280 0.000
202309 0.892 151.492 0.932
202312 0.000 152.924 0.000
202403 0.904 153.035 0.935
202406 0.000 155.789 0.000
202409 1.038 157.882 1.041
202412 0.000 158.323 0.000

Add all the adjusted book value per share together and divide the count will get our Cyclically Adjusted Book per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.


Harshil Agrotech  (BOM:505336) Cyclically Adjusted PB Ratio Explanation

Compared with the regular PB Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PB Ratio smoothed out the fluctuations of book value during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted PB Ratio should give similar results to regular PB Ratio.


Harshil Agrotech Cyclically Adjusted PB Ratio Related Terms

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Harshil Agrotech Business Description

Traded in Other Exchanges
N/A
Address
S. F-213, I Square, Science City Road, Near Shukan Mall Cross Road, Sola, Daskroi, Ahmedabad, GJ, IND, 380060
Harshil Agrotech Ltd is engaged in preparing, manufacturing, processing, marketing, trading, importing, exporting, improving, selling, and dealing in all kinds of agro/agri/food products including but not limited to spices, oil seeds, grains, vegetables, herbs, pickles and other items derived from agricultural, farming or relevant activities. The company operates only in one business segment which is Agri Trading Business.

Harshil Agrotech Headlines

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